Credit: Shutterstock photoInfoblox, which provides software-based appliances that automate network control for enterprises, raised $120 million on Thursday by offering 7.5 million shares (23% insider) at $16, above the original $12 to $14 range. The company will list on the NYSE under the symbol "BLOX". Morgan Stanley, Goldman Sachs and UBS acted as joint bookrunners on the deal.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
